The Board Sub-Committees comprise selected Directors and external professionals.
The purpose of these Board Committees is to assist the Board discharging its oversight obligations to the shareholder and stakeholders by ensuring the Company is effectively managed through appropriate policies and frameworks that may include engaging external service providers from time to time.
The Tender and Contract Committee comprises of executive management members who ensure the procurement policy is adhered to in tendering and selection of contractors and service providers.
FINANCE AUDIT AND RISK
COMMITTEE
This Committee assists the Board discharge its oversight obligations to the shareholder by ensuring the company effectively manages the financial and business risks faced, through policies and frameworks including the use of external reviews such as audits from time to time.
REMUNERATION
COMMITTEE
This Committee’s purpose is to assist the Board in discharging its oversight obligations to shareholders by ensuring the company has remuneration policies and framework that are contemporary and fairly reward employees as individuals and as a team.
MAJOR INVESTMENT
COMMITTEE
This Committee’s role is to assist the Board in discharging its obligations to its shareholder especially in establishing sound investment policies, frameworks and directives, so the Board to make informed and sound investment decisions to grow company revenues.
COMMUNITY AND SOCIAL RESPONSIBILITY COMMITTEE
This Committee’s role is to assist the Board in discharge obligations to its shareholder in establishing sound investment policies, framework and directives to ensure that company business operations and activities positively impact area communities and other stakeholders in the country.
SUSTAINABILITY COMMITTEE
Established in early 2024, and with a customised Charter, this Committee’s role is to assist the Board by reviewing KPHL’s performance with respect to ESG and broader sustainability issues including its compliance with related laws, regulations, guidelines and policies, both domestically and internationally. It will oversight KPHL’s shift to a low carbon business model and operations, and start the material transition towards a demonstrable and credible ESG “Score Card”.